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Top stories this week on just-style...
Fri, 29 Aug 2014 12:26:00 GMT


The most-read stories on just-style this week include a look at the shifts in manufacturing costs that are driving companies to re-think their global production strategies, a closer look at Li & Fung's three-year strategy, and the continued unrest in Cambodia's garment industry.
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ITALY: Salvatore Ferragamo earnings fall in H1
Fri, 29 Aug 2014 15:33:00 GMT


Fashion business Salvatore Ferragamo has booked a drop in earnings in the first half but saw sales increase in all regions.
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GERMANY: Adidas aims to use only Bluesign-approved chemicals
Fri, 29 Aug 2014 15:40:00 GMT


Sporting goods giant Adidas Group is planning to set targets for its suppliers to switch to using only Bluesign approved chemicals in its supply chain.
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CHINA: And India sign MoU to explore textile business ties
Fri, 29 Aug 2014 14:01:00 GMT


The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Small & Medium Enterprises (SMEs) of China have inked a garment textiles MoU to promote and help businesses to exchange technologies and enter joint ventures.
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US: Yarn firm CS Carolina to expand Burlington plant
Fri, 29 Aug 2014 14:59:00 GMT


Yarn manufacturer CS Carolina is to invest US$7.3m in the expansion of its Burlington operations.
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MYANMAR: And US to develop labour rights initiative
Fri, 29 Aug 2014 14:50:00 GMT


The US and Myanmar are joining forces to develop an initiative designed to promote fundamental labour rights and practices in Myanmar.
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ANALYSIS: Back-to-school spending a waiting game
Wed, 27 Aug 2014 17:05:00 GMT


The second biggest shopping season of the year is drawing to a close, but it appears many people have yet to wrap up their back-to-school buying. With consumers continuing to remain cautious about their spending, promotions and bargains are set to drive sales for clothing and footwear retailers this year - with those offering on-trend product likely to fare best.
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Water scarcity a challenge to cotton supply chains
Fri, 29 Aug 2014 13:00:00 GMT


With World Water Week kicking off in Stockholm this Sunday (31 August), the need for better use of increasingly limited water resources will be in the spotlight. And with water scarcity posing a potential risk to the global cotton industry, the apparel supply chain is being urged to do more to tackle the fibre's huge water footprint.
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FRANCE: Hermès H1 earnings climb and outlook reaffirmed
Fri, 29 Aug 2014 11:44:00 GMT


Luxury business Hermès has revealed an increase in first-half earnings and reaffirmed its outlook for the full year.
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US: Dollar General reveals Q2 earnings growth
Fri, 29 Aug 2014 12:00:00 GMT


US retailer Dollar General has once again reaffirmed its commitment to acquiring Family Dollar as it revealed an increase in sales and earnings in its second-quarter.
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US: Pacific Sunwear moves to profit in Q2
Fri, 29 Aug 2014 12:13:00 GMT


Action sports and lifestyle retailer Pacific Sunwear of California has moved to a profit in the second quarter thanks to growing sales and a gain on derivative liability.
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US: Jockey launches line of baby clothes
Fri, 29 Aug 2014 10:49:00 GMT


Apparel maker Jockey International is partnering with Gerber Childrenswear to launch a line of baby clothes.
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FRANCE: Etam Group H1 profit and sales climb
Fri, 29 Aug 2014 11:22:00 GMT


Women's wear, lingerie and accessories retailer Etam Group has booked an increase in earnings and sales in its first-half.
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UK: Stemming tide of decline a priority for Tesco
Fri, 29 Aug 2014 10:59:00 GMT


Stemming the tide of decline in the core has to be the priority for Tesco, analysts believe, after the UK retailer today (29 August) issued another profit warning and said new CEO Dave Lewis will take up his new role a month early.
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SWEDEN: Scientists hail first fully-recycled cotton garment
Thu, 28 Aug 2014 17:22:00 GMT


Scientists in Sweden have developed what they claim is the world's first garment made entirely from recycled cotton - describing it as a "breakthrough" for the textile industry.
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UK: Fashion fit and sizing workshops set for next month
Thu, 28 Aug 2014 15:46:00 GMT


Fit specialist Alvanon is bringing its new sizing and fit workshops to the UK next month in a bid to help fashion executives improve their understanding of the process.
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US: Apparel guidance for fluorinated repellent products
Thu, 28 Aug 2014 12:54:00 GMT


New guidance has been published for the apparel industry on best environmental practices (BEP) for companies that use fluorinated repellent products.
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US: Guess to trim store count as Q2 profit slides
Thu, 28 Aug 2014 12:15:00 GMT


US apparel retailer Guess has said it will continue to rationalise its North America store portfolio after revealing a drop in second-quarter earnings and sales declines in all regions.
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US: Costs weigh on Genesco Q2 earnings
Thu, 28 Aug 2014 14:31:00 GMT


Genesco has revealed a "disappointing" second-quarter in which the US apparel and footwear retailer reported a decline in earnings and lowered full-year expectations.
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US: Chico's Q2 profit drop gets mixed response
Thu, 28 Aug 2014 12:04:00 GMT


Retailer Chico's 31% reduction in second quarter net profit met with a mixed reception from analysts in the US, with margin pressures expected to continue into the third quarter.
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AUSTRALIA: Billabong FY loss dips on turnaround
Thu, 28 Aug 2014 12:19:00 GMT


Surfwear-led business Billabong International says its turnaround strategy is working after full-year losses were reduced and sales rose in Europe and Asia Pacific.
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US: "Tentative agreement" reached in port contract talks
Thu, 28 Aug 2014 12:31:00 GMT


Port workers and their employers on the west coast of the US have reached a "tentative agreement" on health benefit issues as contract talks rumble on.
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US: Fluorine-free Storm Cotton outerwear technology
Thu, 28 Aug 2014 12:44:00 GMT


Cotton Incorporated has joined forces with chemical specialist Archroma to launch a fluorine-free version of its Storm Cotton outerwear textile technology.
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CHINA: Shenghong fabric workshop awarded STeP certification
Thu, 28 Aug 2014 14:56:00 GMT


The fibre fabric workshop of textile finishing firm Shenghong Group has received the STeP certificate for sustainable textile production.
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UK: Pace of retail sales growth picks up
Thu, 28 Aug 2014 15:10:00 GMT


UK retail sales grew strongly in the year to August, with the pace of growth expected to accelerate again in the month ahead, figures released today (28 August) reveal.
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US: Weak traffic slows sales for Abercrombie & Fitch
Thu, 28 Aug 2014 14:18:00 GMT


US teen apparel retailer Abercrombie & Fitch has posted earnings that came in ahead of analysts expectations in the second quarter, but weak traffic held back sales.
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SOURCING: Worldwide changes in cost competitiveness
Thu, 28 Aug 2014 15:17:00 GMT


Decisions on where to focus supply chains involve a complicated mix of wages, productivity, energy costs, currency values and other factors - all of which are quietly but dramatically redrawing the map of global manufacturing cost competitiveness, new research suggests.
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US: Tilly's Q2 profit slides and cautious on outlook
Thu, 28 Aug 2014 11:28:00 GMT


Apparel, footwear and accessories retailer Tilly's has reported a decline in second-quarter earnings due to continuing challenging market conditions, and offered a cautious outlook for its next quarter.
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US: Guess to close North America stores as Q2 profit slides
Thu, 28 Aug 2014 12:15:00 GMT


US apparel retailer Guess has said it will continue to rationalise its North America store portfolio after revealing a drop in second-quarter earnings and sales declines in all regions.
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GERMANY: Zalando achieves positive margin in H1
Thu, 28 Aug 2014 10:49:00 GMT


German online fashion retailer Zalando has had a promising start to the year as revenues grew in the first half and it achieved positive EBIT margin.
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US: Brown Shoe benefits from realignment in Q2
Thu, 28 Aug 2014 10:57:00 GMT


Footwear business Brown Shoe Company is continuing to benefit from its portfolio realignment efforts as it revealed growth in earnings and sales in its second-quarter.
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SOUTH AFRICA: Weak retail scene hits Massmart in Q2
Thu, 28 Aug 2014 11:09:00 GMT


Wal-Mart's South African banner Massmart, revealed a fall in earnings in its second-quarter on the back of a weakened Rand and slowing retail sales.
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US: Express Q2 earnings and sales slide
Wed, 27 Aug 2014 16:04:00 GMT


US apparel retailer Express Inc has booked a drop in second-quarter earnings and sales but said the opportunity remains to drive improvements in both in the second half.
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VIEWPOINT: Fitness fashion propels Athleta towards $1bn sales
Wed, 27 Aug 2014 16:02:00 GMT


Any talk of Gap Inc's portfolio invariably focuses on its Gap, Banana Republic and Old Navy brands. But new number crunching suggests the company's Athleta women's athletic wear line is also gaining momentum.
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IN THE MONEY: More licensing and less M&A for Global Brands
Wed, 27 Aug 2014 15:09:00 GMT


Following its spin-off from Li & Fung last month, fashion apparel, footwear and accessories business Global Brands Group has outlined the firm's strategy as it heads into the second half. Its focus will include more licensing deals and fewer acquisitions.
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US: Dillard's CFO Freeman to step down
Wed, 27 Aug 2014 15:16:00 GMT


Department store retailer Dillard's has announced its chief financial officer James Freeman is to step down.
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FRANCE: Auchan donates US$1.5m to Rana Plaza fund
Wed, 27 Aug 2014 13:56:00 GMT


Supermarket giant Auchan Group is to contribute US$1.5m to the Rana Plaza Donor's Trust Fund - but maintains that it had no business relationship with anyone based in the collapsed building.
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GUATEMALA: US looking into labour law reforms
Wed, 27 Aug 2014 14:06:00 GMT


The US has allowed a dispute settlement process related to labour enforcement in Guatemala to remain suspended for four weeks while it reviews fresh reforms made by the country's government.
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US: Necessity drives men's shoe purchasing, says study
Wed, 27 Aug 2014 14:28:00 GMT


Necessity is the main motivation behind men buying shoes in the US, according to a new study, but attitudes are beginning to evolve as men increasingly embrace fashion and newness in footwear.
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BANGLADESH: Workers in "constructive" employer talks
Wed, 27 Aug 2014 14:47:00 GMT


A project is underway in Bangladesh designed to increase union membership and promote a constructive dialogue with employers.
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PAKISTAN: Joint programme to promote factory compliance
Tue, 26 Aug 2014 17:39:00 GMT


The Pakistan Textile Exporters Association (PTEA) and the International Labour Organization (ILO) are joining forces to improve labour standards in the country's textile and garment industry.
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CAMBODIA: Garment makers condemn strike protests
Wed, 27 Aug 2014 14:36:00 GMT


The Garment Manufacturers Association in Cambodia (GMAC) has condemned strike action taken by garment workers, claiming that it contravenes labour laws.
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US: Gap to upgrade and expand Hudson Valley DC
Wed, 27 Aug 2014 12:03:00 GMT


US apparel giant Gap Inc is to invest US$69m upgrading and expanding its Hudson Valley distribution centre.
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INTERVIEW: Hampshire Group CEO hails turnaround progress
Fri, 01 Aug 2014 16:47:00 GMT


Hot on the heels of expanding its Dockers brand license agreement with Levi Strauss & Co for the third time in four months, Hampshire Group CEO Paul Buxbaum is optimistic the company turnaround is starting to take hold. Here he talks to just-style about new opportunities and on-going efforts to leverage the firm's supply chain.
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US: Ann Inc defends position as investor urges a sale
Tue, 26 Aug 2014 14:38:00 GMT


Ann Inc has moved to defend its position after a letter from an investor urged the women's apparel group to sell itself, claiming the company is "deeply undervalued".
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AUSTRALIA: Pacific Brands divests workwear unit amid FY loss
Tue, 26 Aug 2014 17:52:00 GMT


Pacific Brands has moved to a net loss in its full-year and announced the divestment of its workwear business in a deal worth AUD18m.
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RUSSIA: Threatens ban on western apparel and textile imports
Tue, 26 Aug 2014 15:22:00 GMT


Officials at Russia's industry ministry have said that should additional US and European Union sanctions be imposed, Russia may retaliate with a complete ban on imports of clothing and textiles from the EU and the US.
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RUSSIA: Threatens western apparel and textile import ban
Tue, 26 Aug 2014 15:22:00 GMT


Officials at Russia's industry ministry have said that, should additional US and European Union sanctions be imposed, Russia may retaliate with a complete ban on imports of clothing and textiles from the EU and the US.
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CAMBODIA: Mass garment factory faintings soar in first-half
Tue, 26 Aug 2014 16:19:00 GMT


Mass worker faintings in Cambodia's garment factories have soared despite preventive measures, with 896 workers having fainted at work in the first half of this year alone, midst three deaths, officials have revealed.
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CHINA: Weiqiao H1 hit by lower sales volumes
Tue, 26 Aug 2014 11:52:00 GMT


Lower sales volumes of yarn and grey fabric resulted in a double-digit first-half profit decline for China's largest cotton textile producer Weiqiao Textile Company.
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US: Lower costs narrow New York & Co's Q2 loss
Tue, 26 Aug 2014 12:22:00 GMT


Specialty apparel chain New York & Co has managed to narrow its loss during the second quarter, thanks to lower costs and sales growth.
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US: Children's Place lifts outlook and unveils India expansion
Tue, 26 Aug 2014 13:05:00 GMT


The Children's Place has lifted its full-year earnings guidance after narrowing its loss in the second quarter, and unveiled plans to expand into India through franchise stores.
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US: Ann defends position as investor urges a sale
Tue, 26 Aug 2014 14:38:00 GMT


Ann Inc has moved to defend its position after a letter from an investor urged the women's apparel group to sell itself, claiming the company is "deeply undervalued".
Read the full article...


US: Ralph Lauren unveils high-performance Polo Tech shirt
Tue, 26 Aug 2014 14:53:00 GMT


Ralph Lauren Corp has developed a high-performance Polo Tech shirt that merges biometrics into active lifestyle apparel, and is designed to improve general wellness and increase personal fitness.
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BANGLADESH: Tuba Group boss seeks loan to reopen factories
Tue, 26 Aug 2014 14:47:00 GMT


The chief of Tuba Group is seeking a BDT300m (US$3.88m) government loan to reopen his five apparel factories, which were forced to suspend production earlier this month.
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ANALYSIS: Better Work programme poised to expand
Tue, 26 Aug 2014 12:48:00 GMT


The Better Work programme is set to expand its activities and influence over the next few years in an effort to drive up working conditions across the global garment industry.
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SOURCING: Li & Fung looks to new frontiers for growth
Tue, 26 Aug 2014 12:59:00 GMT


Li & Fung has outlined a number of new frontiers the global sourcing giant is looking to explore as it works through its three-year roadmap, which it hopes will capture new customers in new categories and countries, and increase the group's cross-selling activities.
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US: DSW encouraged by sales trend improvement in Q2
Tue, 26 Aug 2014 13:08:00 GMT


Footwear retailer DSW has said it is encouraged by the sequential improvement in its sales trends in the second quarter as revenues increased 4.5%.
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US: Foot Locker achieves "record" Q2 results
Fri, 22 Aug 2014 15:58:00 GMT


US speciality athletic retailer Foot Locker has achieved what it claims are "record levels" of sales and profits in its second quarter.
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US: Promo environment hits Ann Inc in Q2
Fri, 22 Aug 2014 16:13:00 GMT


US women's apparel group Ann Inc has booked a drop in third-quarter earnings as a result of softer traffic levels and a highly promotional retail environment.
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CAMBODIA: Garment industry hit with fresh strike action
Fri, 22 Aug 2014 17:04:00 GMT


A fresh wave of trade union action has hit Cambodia's garment industry, with as many as "25 separate strike actions having taken place within matter of 22 days in August alone", a union has said.
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Top stories this week on just-style...
Fri, 22 Aug 2014 10:00:00 GMT


The most-read stories on just-style this week include a look at the potential impact of TPP on the US textile industry, comments on the challenges of hazardous chemical removal, and why Cambodia's future outsourcing prospects are uncertain.
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US: Sears Holdings posts "unacceptable" Q2 loss
Fri, 22 Aug 2014 12:01:00 GMT


US retailer Sears Holdings has said its wider loss in the second quarter was "unacceptable" and there is more work to be done to get the results it wants.
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IN THE MONEY: Gap impressed with supply chain platforming progress
Fri, 22 Aug 2014 13:46:00 GMT


Apparel giant Gap Inc has said it is impressed with how much progress it has made on its supply chain fabric platforming as it shifts its relationships from vendor-based to mill-based.
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CHINA: Minimum wage rises will be tough to handle
Fri, 22 Aug 2014 14:09:00 GMT


A major Chinese textile company has told just-style the recent spate of minimum wage rises in China cities will put pressure on an industry already struggling to maintain profits amidst rising costs.
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US: Perry Ellis to continue to exit low-growth brands
Fri, 22 Aug 2014 11:37:00 GMT


Perry Ellis has said it will continue to exit its low-growth brands as part of a strategic review to enhance profitability, after narrowing its net loss in the second quarter.
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US: Garmatex develops advanced cooling fabric
Fri, 22 Aug 2014 10:30:00 GMT


Performance fabric specialist Garmatex Technologies has developed an advanced cooling fabric designed to help wearers function in extreme weather temperatures by regulating body temperature.
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US: Ross Stores Q2 EPS in line with consensus
Fri, 22 Aug 2014 10:26:00 GMT


Off-price fashion retailer Ross Stores has booked second-quarter earnings in line with analyst consensus and at the high end of management guidance.
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US: Dollar General committed to Family Dollar deal
Fri, 22 Aug 2014 10:41:00 GMT


Dollar General has reaffirmed its commitment to acquiring Family Dollar following rejection of its non-binding proposal yesterday (21 August) over antitrust concerns.
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US: Struggles continue for Aeropostale as Q2 profit drops
Fri, 22 Aug 2014 09:06:00 GMT


Aéropostale has recorded second-quarter figures in line with management guidance, but analysts believe the teen apparel retailer continues to struggle.
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US: Gap ups guidance and reveals India store plans
Fri, 22 Aug 2014 09:43:00 GMT


Apparel giant Gap Inc has raised its full-year earnings guidance and revealed plans to enter India and grow its store base in mainland China, Hong Kong and Taiwan this year.
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HONG KONG: Li & Fung reports "solid" H1 but warns on US
Thu, 21 Aug 2014 11:01:00 GMT


Global sourcing firm Li & Fung reported "solid" results in the first half, against a mixed economic landscape, with growth in both sales and earnings.
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US: Struggles continue for Aéropostale as Q2 profit drops
Fri, 22 Aug 2014 09:06:00 GMT


Aéropostale has recorded second-quarter figures in line with management guidance, but analysts believe the teen apparel retailer continues to struggle.
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US: Family Dollar rejects Dollar General proposal
Thu, 21 Aug 2014 15:41:00 GMT


Family Dollar Stores has rejected a non-binding acquisition proposal by Dollar General on the basis of antitrust regulatory considerations.
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US: Crocs promotes Poole to global merchandising role
Thu, 21 Aug 2014 16:13:00 GMT


Footwear business Crocs has promoted product merchant leader Michelle Poole to the newly created role of senior vice president of global merchandising.
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